FX.co ★ Technical Analysis of Intraday Price Movement of Litecoin Cryptocurrency, Friday 06, 2023.

Even though currently on the 4-hour chart the Litecoin cryptocurrency is moving in a bullish condition, the appearance of deviations between price movements and the Awesome Oscillator indicator provides an opportunity for Litecoin to be corrected down again to the 72.81 level as the main target to be tested and the 69.54 level as the next target which Litecoin will try to test, but if on its way to the target levels previously described, suddenly this cryptocurrency returns to its original bias (Bull) and manages to break above the 75.37 level, then the downward correction scenario described earlier will become invalid and cancel automatically.

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